XML 101 R83.htm IDEA: XBRL DOCUMENT v3.20.4
Debt - Narrative (Details)
£ in Millions
12 Months Ended
Apr. 07, 2020
USD ($)
Apr. 07, 2020
GBP (£)
Apr. 01, 2019
USD ($)
May 11, 2018
USD ($)
Dec. 31, 2020
USD ($)
credit_facility
Dec. 31, 2020
GBP (£)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Jun. 15, 2018
USD ($)
May 18, 2018
USD ($)
Debt Instrument                    
Total commitment under revolving credit facility $ 291,400,000                  
Debt         $ 376,400,000   $ 283,500,000      
Secured credit facilities | credit_facility         2          
Interest expense         $ 29,500,000   17,600,000 $ 9,500,000    
Interest paid         27,000,000.0   16,300,000 8,800,000    
First Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         16,300,000          
Second Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         15,000,000.0          
NSM                    
Debt Instrument                    
Debt instrument at face value       $ 100,000,000.0            
Debt         272,600,000   219,200,000      
NSM | NSM Bank Facility                    
Debt Instrument                    
Total commitment under revolving credit facility       234,000,000.0            
Debt instrument at face value         $ 277,400,000          
Percentage of discounted future cash flows         10.00% 10.00%        
Debt         $ 277,400,000   221,300,000 180,400,000    
Kudu | Kudu Debt                    
Debt Instrument                    
Total commitment under revolving credit facility         124,000,000.0          
Term Loan | First Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         11,300,000          
Long-term debt, gross         9,100,000          
Term Loan | Second Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         9,000,000.0          
Long-term debt, gross         8,900,000          
Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Total commitment under revolving credit facility       224,000,000.0            
Debt instrument at face value 276,400,000       277,400,000   221,300,000     $ 51,000,000.0
Proceeds from borrowings 52,400,000 £ 42.5     52,400,000 £ 42.5 42,900,000      
Debt         271,300,000   217,400,000      
Term Loan | NSM | Other NSM                    
Debt Instrument                    
Debt instrument at face value         1,300,000          
Debt         1,300,000   1,800,000      
Term Loan | Kudu | Kudu Debt                    
Debt Instrument                    
Total commitment under revolving credit facility         57,000,000.0          
Debt instrument at face value         89,200,000   57,000,000.0      
Delayed Draw Term Loans | First Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         3,000,000.0          
Delayed Draw Term Loans | Second Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         4,000,000.0          
Delayed Draw Term Loans | Kudu | Kudu Debt                    
Debt Instrument                    
Total commitment under revolving credit facility         62,000,000.0          
Revolving Credit Facility | First Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         2,000,000.0          
Repayments of Lines of Credit         2,000,000.0   200,000      
Revolving Credit Facility | Second Credit Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         2,000,000.0          
Repayments of Lines of Credit         100,000          
Revolving Credit Facility | NSM | NSM Bank Facility                    
Debt Instrument                    
Total commitment under revolving credit facility $ 15,000,000.0     $ 10,000,000.0            
Proceeds from borrowings         0   6,500,000      
Revolving Credit Facility | Kudu | Kudu Debt                    
Debt Instrument                    
Total commitment under revolving credit facility         5,000,000.0          
Current borrowing capacity         $ 32,200,000   57,000,000.0      
London Interbank Offered Rate (LIBOR) | Line of Credit | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         1.00% 1.00%        
London Interbank Offered Rate (LIBOR) | Line of Credit | Minimum | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         5.50% 5.50%        
London Interbank Offered Rate (LIBOR) | Line of Credit | Maximum | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         6.25% 6.25%        
British Sterling Pound London Interbank Offered Rate LIBOR | Term Loan | Minimum | NSM | NSM Bank Facility                    
Debt Instrument                    
Basis spread on variable rate         6.00% 6.00%        
British Sterling Pound London Interbank Offered Rate LIBOR | Term Loan | Maximum | NSM | NSM Bank Facility                    
Debt Instrument                    
Basis spread on variable rate         6.50% 6.50%        
Derivative, cap interest rate         1.25%          
Prime Rate | Line of Credit | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         1.00% 1.00%        
Prime Rate | Line of Credit | Minimum | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         4.50% 4.50%        
Prime Rate | Line of Credit | Maximum | Kudu | Kudu Debt                    
Debt Instrument                    
Basis spread on variable rate         5.25% 5.25%        
United States Dollar London Interbank Offered Rate LIBOR | Term Loan | Minimum | NSM | NSM Bank Facility                    
Debt Instrument                    
Basis spread on variable rate       4.25% 5.50% 5.50%        
United States Dollar London Interbank Offered Rate LIBOR | Term Loan | Maximum | NSM | NSM Bank Facility                    
Debt Instrument                    
Debt instrument, interest rate         1.25% 1.25%        
Basis spread on variable rate       4.75% 6.00% 6.00%        
Foreign Exchange Spot Rate | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Proceeds from borrowings         $ 58,100,000          
Interest Rate Swap | NSM | NSM Bank Facility                    
Debt Instrument                    
Debt, weighted average interest rate         8.40%          
Interest Rate Swap | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Total commitment under revolving credit facility         $ 151,000,000.0          
Hedged liability, fair value hedge                 $ 151,000,000.0  
Debt         $ 147,600,000          
Interest Rate Cap | London Interbank Offered Rate (LIBOR) | NSM                    
Debt Instrument                    
Derivative, cap interest rate         1.25%          
Embrace Pet Insurance | NSM                    
Debt Instrument                    
Proceeds from borrowings     $ 20,400,000              
Embrace Pet Insurance | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Proceeds from borrowings             20,400,000      
NSM                    
Debt Instrument                    
Interest expense         $ 22,100,000   $ 16,700,000 $ 8,000,000.0    
Designated as Hedging Instrument | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Debt, weighted average interest rate         7.60%          
Designated as Hedging Instrument | Interest Rate Swap | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Debt         $ 147,600,000          
Debt, weighted average interest rate         9.00%          
Not Designated as Hedging Instrument | Interest Rate Swap | Term Loan | NSM | NSM Bank Facility                    
Debt Instrument                    
Debt         $ 129,800,000